Kyle Bass: Fallacies Such As MMT Are "Leading The Sheep To Slaughter" And "We...
Below are some of the key highlights from Kyle Bass' latest, and as usual, must read letter:On central banks and the final round of global monetary debasement:Central bankers are feverishly attempting...
View ArticlePutin and Merkel Tango in Moscow, Gazprom Stirs Up Old Ghosts, But Deals Are...
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichterLast week, the German Parliament passed a resolution that asked Chancellor Angela Merkel to needle Russian President Vladimir...
View ArticleGuest Post: So How Many Ounces Of Gold (Or Silver) Should You Own?
Submitted by Adam Taggart of Peak Prosperity,This week, Chris talks with Jeff Clark, Senior Precious Metals Analyst at Casey Research, where he serves as editor of their Big Gold newsletter.They tackle...
View ArticleSpain Begs Former Colonies For Bailout
Irony of ironies. While the world awaits the Spanish request for 'help' from its friends in Europe (which the market 'hopes' will escalate to EUR740bn very rapidly), it seems the King of Spain and his...
View ArticleGuest Post: Shale Gas Will Be The Next Bubble To Pop
Submitted by James Stafford of OilPrice.com,The “shale revolution” has been grabbing a great deal of headlines for some time now. A favourite topic of investors, sector commentators and analysts – many...
View ArticleNiall Ferguson On China's Gold And The "Tremendous Flux In International Order"
"This is a time of tremendous flux in the international order" is how Harvard's Niall Ferguson describes the world in which we live as he opines expertly on the change in China, Europe's pending 'lost...
View ArticleGuest Post: Is There Wisdom In The Crowd?
Submitted by Doug Hornig of Casey Research,Back in the 1960s, a clever but financially disadvantaged fellow placed a small ad in a national magazine that read something like: Money needed. Please send...
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Stratfor Update On Gaza, Israel, And Hezbollah
Via Stratfor Global Intelligence,Update On The Israel-Gaza ConflictNew intelligence indicates forces in Gaza may be manufacturing long-range rockets locally. If this is the case, a significant ground...
View ArticleEurope's Depression, Japan's Disaster, And The World's Debt Prison
Originally posted at Der Spiegel,Prison of Debt Paralyzes WestBy Cordt SchnibbenBe it the United States or the European Union, most Western countries are so highly indebted today that the markets have...
View ArticleIsraeli Pinpoint Strike As Seen From "The Other Side"
Because while the IDF's "clinical, pinpoint" strikes as posted on the IDF's blog are one thing, here is how they look from the Gaza side...
View ArticleGuest Post: Understanding the "Exorbitant Privilege" of the U.S. Dollar
Submitted by Charles Hugh-Smith of OfTwoMinds blog,The dollar rises for the same reason gold and grain rise: scarcity and demand. Which is easier to export: manufactured goods that require shipping ore...
View ArticleOn America's Short-Termist And Fraud-Provoking Culture
Two months ago we posted an excellent introduction from Dan Ariely on the truth about dishonesty. The focus on our ease of rationalizing dishonest acts struck quite a chord and as a follow-up the...
View ArticleGuest Post: The Unadulterated Gold Standard Part 2
Authored by Keith Weiner; originally posted at The Daily Capitalist,In Part I, we looked at the period prior to and during the time of what we now call the Classical Gold Standard. It should be...
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Investor Sentiment: Be on Alert for the Same Old Same Old
The SP500 is down 3.5% in November, a month where we are told the bulls always do well, and the index is down 7.2% since the announcement of QE3 to infinity, which was another can't miss proposition...
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Global Shadow Banking System Rises To $67 Trillion, Just Shy Of 100% Of...
Earlier today, the Financial Stability Board (FSB), one of the few transnational financial "supervisors" which is about as relevant in the grand scheme of things as the BIS, whose Basel III...
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The Three "Financial Structure" Paradigms Of Modern Finance
In a prior post, we discussed the implications of the global shadow banking system having risen to the unprecedented level of roughly 100% of global GDP. By now it should be quite obvious to even the...
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Key Global Event Risks For The Next Five Years (The Known Unknowns)
The world is awash with liquidity and yet, despite (or perhaps because of) this, the greatest potential impacts lie from downside risks. The combination of macro growth risks, major economy elections...
View ArticleOn Surviving The Monetary Meltdown
Via Detlev Schlichter of DetlevSchlichter.com,Let us start by looking at the economy from 10,000 feet above: After 40 years of boozing on easy money and feasting on fantastical asset price inflations,...
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One Less In The AAA Club: Moody's Downgrades FrAAnce From AAA To Aa1 - Full...
After hours shots fired, with Moody's hitting the long overdue one notch gong on France:MOODY'S DOWNGRADES FRANCE'S GOVT BOND RATING TO Aa1 FROM Aaa FRANCE MAINTAINS NEGATIVE OUTLOOK BY MOODY'SEuro...
View ArticleFacebook Does The Reverse Gravity Thing, Defies Logic? No, Actually It's...
A couple of weeks ago after Facebook reported, I posted Hey Muppets, Only Another 100% Climb In Share Price To Go Before You Break Even With MS/GS/FB Investment Advice. You see, I warned about FB a...
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